Luxey International (Holdings) (HKSE:08041) Days Payable : 17.87 (As of Dec. 2023)

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What is Luxey International (Holdings) Days Payable?

Luxey International (Holdings)'s average Accounts Payable for the three months ended in Dec. 2023 was HK$2.77 Mil. Luxey International (Holdings)'s Cost of Goods Sold for the three months ended in Dec. 2023 was HK$14.16 Mil. Hence, Luxey International (Holdings)'s Days Payable for the three months ended in Dec. 2023 was 17.87.

The historical rank and industry rank for Luxey International (Holdings)'s Days Payable or its related term are showing as below:

HKSE:08041' s Days Payable Range Over the Past 10 Years
Min: 5.02 Med: 22.32 Max: 212.1
Current: 34.4

During the past 13 years, Luxey International (Holdings)'s highest Days Payable was 212.10. The lowest was 5.02. And the median was 22.32.

HKSE:08041's Days Payable is ranked worse than
71.23% of 1022 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.335 vs HKSE:08041: 34.40

Luxey International (Holdings)'s Days Payable declined from Dec. 2022 (59.50) to Dec. 2023 (17.87). It may suggest that Luxey International (Holdings) accelerated paying its suppliers.

Luxey International (Holdings) Days Payable Historical Data

The historical data trend for Luxey International (Holdings)'s Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Luxey International (Holdings) Days Payable Chart

Luxey International (Holdings) Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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5.76

18.08

20.15

24.48

19.41

Luxey International (Holdings) Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															59.50	52.17	17.22	47.20	17.87

Competitive Comparison of Luxey International (Holdings)'s Days Payable

For the Apparel Manufacturing subindustry, Luxey International (Holdings)'s Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Luxey International (Holdings)'s Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Luxey International (Holdings)'s Days Payable distribution charts can be found below:

* The bar in red indicates where Luxey International (Holdings)'s Days Payable falls into.

Luxey International (Holdings) Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Luxey International (Holdings)'s Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (3.383	+	2.685)	/	2 )	/	57.061	*	365
=	3.034					/	57.061	*	365
=	19.41

Luxey International (Holdings)'s Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	2.773)	/	1 )	/	14.157	*	365 / 4
=	2.773					/	14.157	*	365 / 4
=	17.87

Luxey International (Holdings) Days Payable Related Terms

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Luxey International (Holdings) (HKSE:08041) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Luxey International (Holdings) Ltd (HKSE:08041) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Wing Ming Street, Hang Cheong Factory Building, Unit B, 5th floor, Cheung Sha Wan, Kowloon, Hong Kong, HKG

Website

https://www.luxey.com.hk

Luxey International (Holdings) Ltd is an is an investment holding company. The company along with its subsidiaries operates in three segments, the Swimwear and garment segment is engaged in the manufacturing and trading of swimwear and garment products. The E-commerce and online shopping-related segment is engaged in the E-Commerce and provision of online shopping services. The money lending segment includes lending activities, and the majority of its revenue generates from the Swimwear and garment segment.

Luxey International (Holdings) (HKSE:08041) Headlines

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